Volvo Car AB has appointed Klaus Zellmer, currently CEO of Skoda Auto, as its new president and CEO, succeeding Håkan Samuelsson. Zellmer will assume the role no later than October 1, 2027, ensuring a seamless transition. The appointment comes as Volvo undertakes a major revamp, including a product push and manufacturing overhaul, to navigate fierce competition.
Volvo Appoints Skoda CEO Klaus Zellmer as New Chief
Source: Moneycontrol